Irving Police Pension Fund
public plan · City of Irving · San Antonio, TX
ACTIVE
D
Pension Health Score
35/100
Funding Status59% Funded
0%80% threshold100%
$532.5M
Total Assets
$908.3M
Total Liabilities
$375.8M
Unfunded Liability
8,649
Participants
Funding History
What This Means for You
Irving Police Pension Fund is significantly underfunded at 59%, with $375.8M in unfunded liabilities affecting 8,649 participants. Plans at this funding level face difficult choices: raising contributions substantially, reducing future benefit accruals, or in extreme cases, applying for benefit suspensions. Public plans cannot declare bankruptcy, but severe underfunding may lead to reduced cost-of-living adjustments or increased employee contributions. If you are a participant, it is important to understand your options and consider diversifying your retirement income sources.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $532.5M | $908.3M | 58.6% | $34.2M |
| 2024 | $530.1M | $874.7M | 60.6% | $34.6M |
| 2023 | $510.2M | $985.0M | 51.8% | $34.4M |
| 2022 | $477.1M | $719.6M | 66.3% | $37.9M |
| 2021 | $441.8M | $623.1M | 70.9% | $36.0M |